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Score

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0 1 2 3 4 5 6 7 8 9
0 1 2 3 4 5 6 7 8 9
/10

VIPRO

Cyprus Cyprus | 5-10 years |
Suspicious Regulatory License | Suspicious Scope of Business | High potential risk

https://www.vipromarkets.com/

Website

Rating Index

Contact

357 25247650
https://www.vipromarkets.com/
4, ModesTou PanTeli Mesa GeiTonia

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Company Profile 4
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk
Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
3

Basic Information

Registered Region
Cyprus
Operating Period
5-10 years
Company Name
Vipro Markets Ltd
Abbreviation
VIPRO
Employees
--
Address
4, ModesTou PanTeli Mesa GeiTonia
Verified Site
About Us
Wiki Q&A
Comment

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Official Website

Verified Site

  • vipromarkets.com
    104.20.76.55
    Server Location
    United States United States
    ICP Registration No.
    --
    Top Visitor Locations
    --
    Creation Date
    0001-01-01
    Website Name
    WHOIS.GODADDY.COM
    Company
    GODADDY.COM, LLC

Company Profile

Company Profile

Review summary

General Information & Regulation

Vipro Markets is a CySEC regulated investment firm, offering Forex, Stocks, and CFDs trading services. The VIPro brand originally got acquired by Tickmill Europe Ltd, and for a while continued to operate its own website with an identical offering as Tickmill. However, the two brokerages have later been fully merged, and VIPros old website no longer exists.

Market Instruments

Vipro/TickMill offers investors a wide range of trading assets, including stocks, CFDs, indices, Forex, precious metals, and energies.

Minimum Deposit

To meet the needs of different investors, Vipro/TickMill offers three different types of accounts: Classic Accounts (minimum deposit of $100/€100), ECN Pro Accounts (minimum deposit of $100/€100), and the VIP Account ( with a minimum balance of $50,000/€50,000).

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Leverage

For regular retail clients based in the EU, leverage with VIPro/Tickmill is capped at 1:30 due the strict regulations on forex brokers within the European Union. For clients based in other parts of the world, however, the leverage available is far higher, going as high as 1:500 on the most liquid instruments like the EUR/USD currency pair.

Spreads & Commissions

Vipro/TickMill charges only spreads as commission for Classic accounts. For ECN Pro accounts, the commission is $2/per $100,000 traded (0.0020% of the notional value) and $1.60/per 100,000 traded (0.0016% of the notional value) for VIP accounts.

Trading Platform

Vipro/TickMill offers traders the market-leading and widely acclaimed MT4 trading platform, as well as MT4 PC, MT4 Android, MT4 iPhone/iPad, and MT4 Web to meet a wide range of user needs. MT4 is currently one of the most popular forex trading platforms, with powerful charting and data analysis tools that help different traders to develop different trading strategies.

Deposit and Withdrawal

Vipro/TickMill supports traders to deposit and withdraw funds to their investment accounts via VISA, MasterCard credit/debit cards, NETELLER, Skrill, wire transfer, Dotpay (only available for Polish currency).

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Customer Support

VIPro/Tickmill's customer service is available in local languages from most of the broker's branches around the world, including in the UK, Malaysia, the Seychelles, and Cyprus.

Company Profile

  • 5-10 years
  • Suspicious Regulatory License
  • Suspicious Scope of Business
  • High potential risk

Wiki Q&A

Is it risky to trade with VIPRO?

According to WikiFX data, Vipro Markets Ltd has a comprehensive score of 1.61, which indicates a significant risk profile for potential clients. This assessment is primarily based on the fact that its claimed regulatory status under CySEC license 278/15 is listed as 'Unverified', with public records showing the license is held by a different entity. This means it operates without verified oversight from a mainstream financial authority. Furthermore, the broker has not publicly disclosed standard financial safeguards or terms like minimum deposit requirements and leverage caps, which are common among fully regulated firms.

04-02
United States

Which financial regulator oversees VIPRO?

Vipro Markets Ltd does not hold a verified, active license from a mainstream financial regulator. The broker claims authorization from the Cyprus Securities and Exchange Commission (CySEC) under license number 278/15, but our assessment indicates this license status is 'Unverified'. Public regulatory databases show this specific license is currently assigned to a different entity, TICKMILL EUROPE LTD. Therefore, the broker operates without recognized regulatory oversight.

04-02
United States

When was VIPRO established?

Vipro Markets Ltd has been in operation for between 5 to 10 years and is registered in Cyprus.

04-02
United States

How can I identify a scam or fraudulent forex broker?

A broker can be evaluated as a potential scam platform by considering multiple factors such as regulatory qualifications, user complaints, fund security, and platform data. In general, brokers without valid regulation, those that frequently have withdrawal problems, those with a large number of user complaints, or those providing false information usually carry higher risks. You can check the broker's regulatory status, overall rating, exposure records, and user reviews on the WikiFX platform, and make judgments based on multi-dimensional data to effectively identify and avoid scam platform risks.

04-02
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

04-02
United States

How should I compare different forex brokers to find the best one?

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

04-02
United States

What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

04-02
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

04-02
United States
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※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
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